Common use of Flexible Remuneration Clause in Contracts

Flexible Remuneration. (a) A team member may, by mutual agreement with Kmart: (i) participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by Kmart; and (ii) request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by Kmart, will receive the benefit and wages prescribed under this clause in lieu of wages and other Amounts payable under this Agreement. (i) Any request under subclause 28.6.2 above will be in the form prescribed by Kmart. (ii) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (iii) Any other Agreement payment, including termination payments, calculated by reference to the team member’s wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in clause 7, Wages unless this clause specifically provides otherwise. (iv) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (v) Written confirmation as specified in subclause 28.6.2(b)(iv) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (vi) For all other purposes, after taking into account the deductions made in accordance with subclause 28.2 above a team member shall not receive less than the rate specified in clause 7.1, Rates of Pay, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (ai) A team member may, by mutual agreement with Kmart: (i) the Company: - participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by Kmartthe Company; and (ii) and - request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (bii) A team member member, whose request is accepted by Kmartthe Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other Amounts amounts payable under this Agreement. (iiii) Any request under subclause 28.6.2 34.1.2 (i) above will be in the form prescribed by Kmartthe Company. (iiiv) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (iiiv) Any other Agreement payment, including termination payments, calculated by reference to the team member’s members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in clause 7, Wages Clause 8.1 Wage Rates unless this clause Clause specifically provides otherwise. (ivvi) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (vvii) Written confirmation as specified in subclause 28.6.2(b)(ivsub-clause 34.1.2(vi) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (viviii) For all other purposes, after taking into account the deductions made in accordance with subclause 28.2 pursuant to sub-clause 34.1.2 (i) above a team member shall not receive less than the rate specified in clause 7.1, Rates of PayClause 8.1 Wage Rates, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (a) A team member may, by mutual agreement with Kmart: (i) the Company: - participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by Kmartthe Company; and (ii) and - request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by Kmartthe Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other Amounts amounts payable under this Agreement. (ic) Any request under subclause 28.6.2 2.24.2(a) above will be in the form prescribed by Kmartthe Company. (iid) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (iiie) Any other Agreement payment, including termination payments, calculated by reference to the team member’s members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in clause 7, Wages Clause 3 Wage Rates unless this clause Clause specifically provides otherwise. (ivf) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (vg) Written confirmation as specified in subclause 28.6.2(b)(ivclause 2.24.2(f) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (vih) For all other purposes, after taking into account the deductions made in accordance with pursuant to subclause 28.2 2.24.2 (a) above a team member shall not receive less than the rate specified in clause 7.1, Rates of PayClause 3 Wage Rates, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (a) A team member may, by mutual agreement with Kmartthe Company: (i) participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by Kmartthe Company; and (ii) request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by Kmartthe Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other Amounts amounts payable under this Agreement. (ic) Any request under subclause 28.6.2 4.6.2 (a) above will be in the form prescribed by Kmartthe Company. (iid) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (iiie) Any other Agreement payment, including termination payments, calculated by reference to the team member’s members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in clause 7, Wages Clause 4. 1.1 Wage Rates unless this clause Clause specifically provides otherwise. (ivf) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (vg) Written confirmation as specified in subclause 28.6.2(b)(ivclause 4.6.2 (f) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (vih) For all other purposes, after taking into account the deductions made in accordance with pursuant to subclause 28.2 4.6.2 (a) above a team member shall not receive less than the rate specified in clause 7.1, Rates of PayClause 4. 1.1 Wage Rates, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (ai) A team member may, by mutual agreement with Kmart: (i) the Company: participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by Kmartthe Company; and (ii) and request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (bii) A team member whose request is accepted by Kmartthe Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other Amounts amounts payable under this Agreement. (iiii) Any request under subclause 28.6.2 sub‐clause 1.3.1(b)(i) above will be in the form prescribed by Kmartthe Company. (iiiv) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (iiiv) Any other Agreement payment, including termination payments, calculated by reference to the team member’s members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in clause 7, Wages 4.2 (Wage Rates – Adults) of this Agreement unless this clause specifically provides otherwise. (ivvi) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (vvii) Written confirmation as specified in subclause 28.6.2(b)(ivsub‐clause 1.3.1 (b)(vi) above shall be provided upon any adjustment to pre-arrangement pre‐arrangement wage rates under this Agreement or reclassification. (viviii) For all other purposes, after taking into account the deductions made in accordance with subclause 28.2 above a team member shall not receive less than the rate specified in clause 7.1, Rates of Pay, of this Agreement for the relevant classification for the team member.pursuant to sub‐clause 1.3.1